This document contains 3 questions for an exam on Money and Banking in sub-Saharan Africa. Question 1 asks about the main causes of large budget deficits in countries like Kenya. Question 2 asks why currency devaluation is ineffective in developing countries. Question 3 asks about the role of central banks and how they can influence a country's economic performance. Students are instructed to answer all questions and avoid plagiarism.
This document contains 3 questions for an exam on Money and Banking in sub-Saharan Africa. Question 1 asks about the main causes of large budget deficits in countries like Kenya. Question 2 asks why currency devaluation is ineffective in developing countries. Question 3 asks about the role of central banks and how they can influence a country's economic performance. Students are instructed to answer all questions and avoid plagiarism.
This document contains 3 questions for an exam on Money and Banking in sub-Saharan Africa. Question 1 asks about the main causes of large budget deficits in countries like Kenya. Question 2 asks why currency devaluation is ineffective in developing countries. Question 3 asks about the role of central banks and how they can influence a country's economic performance. Students are instructed to answer all questions and avoid plagiarism.
Q1. What are the main causes of the huge budget deficit being experienced in most sub-Saharan African countries including Kenya? (10 marks) Q2. Why is currency devaluation ineffective in developing (10 marks) Q3. Explain the role of the Central Bank and how it may influence the performance of the a country’s economy (10 marks)
NB: kindly avoid plagiarism by way of lifting notes from the module, copying from friends or wikipedia without references.